Tlc Foundation From The Heart
- Assets
- $2.9m
- Revenue
- $4.8m
- Investments
- $1.2m
- Employees
- 0
- Location
- Artesia, NM
- Founding
- 12/2014
- Data as of
- 12/2021
- EIN
- 46-5732072
Organization Overview
Tlc Foundation From The Heart is located in Artesia, NM. The organization was established in 2014. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Tlc Foundation From The Heart is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Tlc Foundation From The Heart generated $4.8m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 25.3% each year . All expenses for the organization totaled $4.0m during the year ending 12/2021. While expenses have increased by 28.1% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Tlc Foundation From The Heart has awarded 211 individual grants totaling $13,919,212. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Douglas Ray Chandler President | 0 | $0 | |
Chris Trew Vice President | 0 | $0 | |
Judy A Pittman Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $4,795,000 |
| Interest on Savings | $27,785 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $22,050 |
| Capital Gain Net Income | $22,050 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $1,446 |
| Total Revenue | $4,846,281 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $2,103 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $25,999 |
| Total operating and administrative expenses | $42,196 |
| Contributions, gifts, grants paid | $3,909,500 |
| Total expenses and disbursements | $3,951,696 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,657,559 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $1,196,679 |
| Net Land, buildings, and equipment | $4,459 |
| Other assets | $0 |
| Total assets | $2,858,697 |
| Accounts payable and accrued expenses | $210,310 |
| Grants payable | $200,000 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $410,310 |
Grants Awarded
Over the last fiscal year, Tlc Foundation From The Heart has awarded $3,909,500 in support to 26 organizations.
| Grant Recipient | Amount |
|---|---|
UNIVERSITY OF TEXAS MD ANDERSON CANCER CENTER PURPOSE: ELIMINATE CANCER PATIENT CARE, RESEARCH, AND PREVENTION THROUGH EDUCATION | $1,000,000 |
UMC FOUNDATION PURPOSE: PROVIDE PATIENT CARE, EDUCATION OF HEALTH CARE PROFESSIONAL, RESEARCH, AND COMMUNITY SERVICE | $1,000,000 |
GOD'S LIGHT IN THE DARKNESS FOUNDATION PURPOSE: TO PROVICE RELIEF TO THE POOR, DISTRESSED, AND UNDERPRIVILEGED | $600,000 |
SACRAMENTO CAMP & CONFERENCE CENTER PURPOSE: TO ENCOURAGE SPIRITUAL ENRICHMENT | $250,000 |
NOAH'S ARK ANIMAL SHELTER PURPOSE: ANIMAL SHELTER | $200,000 |
Houston, TX PURPOSE: TO FURTHER EDUCATION | $100,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Meridian Institute Dillon, CO | $18,119,345 | $21,383,160 |
Gill Foundation Denver, CO | $227,109,663 | $12,646,667 |
Scharbauer Foundation Inc Midland, TX | $271,051,602 | $69,061,413 |
Wildcat Foundation Fort Worth, TX | $836,895 | $18,132,970 |
A Earl & Frances E Ziegler Foundation Norman, OK | $1,886,858 | $25,634,422 |
Eugene Mcdermott Foundation Dallas, TX | $220,528,387 | $97,884,779 |
Henderson-Wessendorff Foundation Richmond, TX | $228,160,288 | $17,605,762 |
Walter E Heller Foundation Dallas, TX | $0 | $637,126 |
Carl & Marilynn Thoma Foundation Dallas, TX | $0 | $929,287 |
Beloved In Christ Foundation Austin, TX | $172,986,617 | $3,113,726 |
Freeport-Mcmoran Copper & Gold Foundation Phoenix, AZ | $2,326,146 | $18,600,000 |
The Kathryn H Craig Stephen Dudley Heard And Lillie D Heard Memorial Dallas, TX | $1,384 | -$449,918 |